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Wayne Post
  • LETTER: Investing in Irondequoit could improve home values

  • Now it’s time to take a different approach. An approach that involves investing in our town. These investments not only improve our quality of life, they also have the potential to improve our home values.

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  • In the latest issue of the Irondequoit Post, I noticed the author of an advertisement attempted to use Irondequoit’s comparatively high tax rate as an argument against building a new library. Let’s keep in mind that the tax rate is dependent on home values, and it’s no secret that you “get a lot of house for the money” in Irondequoit. Logically, if a nearly identical house is worth twice as much in another town, it’ll still require the same amount of tax money for similar town services, so one should expect that house to have half the tax rate.
    That leads us to the question of why do prospective residents get so much home for the money in Irondequoit? Why hasn’t the market driven prices up, which would allow the tax rate to go down? When some residents try to fight against projects in this town, the tax rate always seems to be the cornerstone of their argument. The problem is that these projects are attractive to potential residents — the ones that could help move our home values in the right direction and thus enable the town to reduce the tax rate.
    This town had taken the path of avoiding these investments in the past. That path seems to have contributed to Irondequoit’s affordability, which necessitates a high tax rate. Now it’s time to take a different approach. An approach that involves investing in our town. These investments not only improve our quality of life, they also have the potential to improve our home values. The antiquated branch system has been left behind in most surrounding towns in favor of a central contemporary library, and it’s time for Irondequoit to follow suit.
    I Square and a new state-of-the-art library give Irondequoit some much needed momentum. I’m heartened to see that so many residents seem supportive of the more progressive approach of investing in our town so we can enjoy improved quality of life now and a better return on our homes down the road. I believe that foresight will result in dividends for us all.
    BRETT DALY
    Irondequoit
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